RIO DE JANEIRO, BRAZIL - Argentina’s currency crisis will not be resolved with a “one shot” fix, Economy Minister Martin Guzman told Reuters, indicating a continued slow decline for the peso rather than a sudden devaluation.
As the South American country suffers a biting economic slowdown, markets are closely watching the wide gap between the official rate and trades in alternative markets which has stoked speculation the peso could be allowed to fall sharply.
However, Guzman . . .